Donor Advised Funds (DAF)

First Congregational Church is pleased to offer DAF Direct, a web application that enables donors to initiate grant recommendations from their donor-advised fund (DAF) directly from the church’s website. DAF Direct’s mission is to support nonprofits by providing a cost efficient and simple way for donors to give, and nonprofits to receive grants.

DAF Direct currently facilitates grant recommendations from donors of Fidelity Charitable®, Schwab Charitable® and the Greater Kansas Community Foundation®. More national and community foundation donor-advised fund sponsoring organizations may be added in the future.

Already have a DAF? Ready to access your fund to make a grant to First Congregational Church? The link is below!

Don’t have a donor-advised fund but you want to learn more? See below!

What is a donor-advised fund?

A donor-advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.

How does it work?

  • Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program.
  • Advise the investment allocation of the donated assets (any investment growth is fax-free)
  • Recommend grants to qualified public charities of your choice

What are the main advantages of a donor-advised fund?

Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts

Flexibility – Timing of your tax deduction can be separate from your charitable decision making.

Tax-efficiency – Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.

Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy

No start-up costs – There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).**

No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public charity of your choice.**

Privacy if desired – Donors may choose to remain anonymous to the grant recipient.

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**Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.